AGP Executive Report
Last update: 3 hours agoMortgage Pressure & Bank Pricing: Macquarie and other lenders keep trimming variable home-loan rates for new customers, but Canstar warns existing borrowers won’t get a cent unless they switch or haggle. Housing Outlook: AMP chief economist Shane Oliver says Australia’s long property “super-cycle” may be ending as affordability, higher rates, weaker immigration and tax changes bite, with Cotality showing capital-city values sliding. Payments & Fintech Regulation: Alchemy Pay expands its U.S. compliance footprint after securing a Michigan money transmitter licence, extending its regulated network across 19 states. Cybersecurity Funding: Horizon3 raises $250m Series E at $2b+ valuation to scale autonomous “AI vs AI” security testing, with plans to expand into Australia and Singapore. AI & Cost Reality: A new theme in tech spending: AI automation is shifting budgets from labour to compute and infrastructure, so savings may not materialise as expected. Superannuation/Markets Watch: With the dollar softer on weaker U.S. inflation and oil volatility easing, investors are recalibrating rate expectations and risk.
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